Chinese cybercrime operation that used AI to scam ‘hundreds of thousands of victims’ sued by Google

The tech giant said a group called “Outsider Enterprise” used AI to scam hundreds of thousands of victims, sending 2.5 million text messages over a span of two weeks.

SpaceX officially prices shares at $135 in the largest IPO ever

Wits its official share pricing announcement, SpaceX’s IPO has begun.

SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift

After SpaceX makes its public debut, lower-tier SPV investors face hidden fees, lengthy payout delays, and the risk of outright fraud.

Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues

Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing.

‘AI-pilled’ firms spend $7,500 per employee each month on AI

The most AI-obsessed firms are spending roughly $7,500 monthly per employee on AI, per Ramp AI Index. That’s not more than an engineer’s salary — yet.

Meta signs first AI data center deal in India with Reliance

The 168-megawatt facility will support Meta’s global AI computing needs and can be expanded over time.

Google just fired a warning shot in the AI subscription price wars

Google just made it significantly cheaper to enjoy its budget AI subscription tier.

How Justin Ernest invested nearly $500M into hot startups without a traditional VC fund

Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest in startups like Anthropic, Anduril, and SpaceX.

Hey, Siri, here’s what I actually want from AI

I’m desperate for a personal AI assistant, but do I really want to become the kind of person who can’t function without the friendly robot voice in my phone?

Mercor’s Brendan Foody calls out Sequoia, accusing it of ‘dual-pricing’ valuation tricks

Sequoia is just one of the top firms that sells same equity at two different prices.